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steve: exercise. pass or play? >> we're playing! steve: they're gonna play, tom. [cheering]
steve: exercise. pass or play? >> we're playing! steve: they're gonna play, tom. [cheering]
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. >> steve young and gary rice. you've just won the super bowl. what are you going to do next? >> i'm going to disneyland. >> i'm going to disney world. >> reporter: we hope colin kaepernick gets a chance to enjoy the magic kingdoms, too. >> forget the elvis gerbac tattoo. i think ken is regretting that mustache right about now. >>> the bay area full of 49er fans, all walks of life including those who walk on all4. this charming fellow, chucky niner. tess see sent us this picture of their niner mascot in their family. we're showing up fan photos in every newscast leading up to super bowl sunday. keep them coming. you can send tomorrow to news@kpix.com or upload them at cbssf.com. >>> stretching isn't for sissies. that's coach jim harbaugh's motto. how the daily regimen of stretching could be the secret weapon to niners success. >> the party's over in d.c. the plans the president laid out and the new battles he is facing in his second term. >> and the cbs 5 mobile weather lab. we are live in walnut creek. it has been so dry so far this january but that is going to change big tim
. >> steve young and gary rice. you've just won the super bowl. what are you going to do next? >> i'm going to disneyland. >> i'm going to disney world. >> reporter: we hope colin kaepernick gets a chance to enjoy the magic kingdoms, too. >> forget the elvis gerbac tattoo. i think ken is regretting that mustache right about now. >>> the bay area full of 49er fans, all walks of life including those who walk on all4. this charming fellow, chucky niner. tess...
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Jan 23, 2013
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. >> steve young and jerry rice, you have just won the super bowl! what are you going to do next? >> i'm going to disneyland! >> i'm going to disneyworld! >> reporter: we hope colin kaepernick gets a chance to enjoy the magic kingdoms too. mike sugerman, cbs 5. >> ken had a moustache, mike had some hair. >> funny. >> and we are sending a team of reporters to cover super bowl xlvii in the big easy. our coverage will including dennis o'donnell, vern glenn and michelle griego and mike sugerman and you take off on saturday? >> on saturday, yeah. should be fun. >>> time now 4:52. all eyes on beyonce performing on inauguration day. >> now we're learning how the pop singer's catching flak for her lip sync performance coming up. >> facebook is in many senses the new water cooler. >> new water cooler, new rules. what you need to know before you start venting about your job or your boss online. >>> finally the storm clouds rolling back into the bay area. not biggest storm we have ever seen but a chance of showers outside today. we'll talk about that coming up. >> and we are looking good so
. >> steve young and jerry rice, you have just won the super bowl! what are you going to do next? >> i'm going to disneyland! >> i'm going to disneyworld! >> reporter: we hope colin kaepernick gets a chance to enjoy the magic kingdoms too. mike sugerman, cbs 5. >> ken had a moustache, mike had some hair. >> funny. >> and we are sending a team of reporters to cover super bowl xlvii in the big easy. our coverage will including dennis o'donnell, vern glenn...
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can you tell who steve in hayward, and his brother john back on the east coast root for? and this pic came with one subject line r >> the harbaugh brothers are heading to the super bowl. g of a 49er fan you so keep sending your fan photos to news -x dot com. or >> we are your super bowl station and we want to see how big a 49ers fan you are. so just keep sending your fan photos to us at news@kpix.comer cbssf.com. include your hometown. we'll air as many as we can. people are working hard to get them on air from now until the super bowl. >>> 5:26. the biggest part of the super bowl besides the game. >> we're talk about those multi- million dollar commercials and the new tactics they are using to reel you in before the game. >> a heated showdown over the man known as the super cop. what oakland just decided to do about a crime crisis. >> a deer dilemma, the plan to drive down the number of does in the neighborhood coming up. [ female announcer ] pillsbury crescents on their own are fantastic but add some sauce pepperoni and cheese and fold up the crescent dough...and presto
can you tell who steve in hayward, and his brother john back on the east coast root for? and this pic came with one subject line r >> the harbaugh brothers are heading to the super bowl. g of a 49er fan you so keep sending your fan photos to news -x dot com. or >> we are your super bowl station and we want to see how big a 49ers fan you are. so just keep sending your fan photos to us at news@kpix.comer cbssf.com. include your hometown. we'll air as many as we can. people are working...
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brian, steve? >> brian: talk about drowning in red ink, a new study finding 20 and 30-year-olds at more at risk of dying in debt than are carrying over $5,000 more in debt on their credit cards than their parents did at the same age. >> steve: how can we change this dangerous debt cycle? joining us now from nashville is our best friend in the personal finance expert department, dave ramsey. good morning to you. >> good morning, guys. >> steve: i love this first thing on this chilly day in new york city, for the young people, decide you're sick and tired of being sick and tired, right? >> yeah. don't believe stupid articles like that last one we were referencing that you're going to die in debt. what a hopeless message. the way you get out of debt is you got to get really mad. you got to get sick and tired of being sick and tired. my friend says people change their lives when they finally say, i've had it! that's it. we're not living like this anymore. >> brian: so make the decision and then you'll
brian, steve? >> brian: talk about drowning in red ink, a new study finding 20 and 30-year-olds at more at risk of dying in debt than are carrying over $5,000 more in debt on their credit cards than their parents did at the same age. >> steve: how can we change this dangerous debt cycle? joining us now from nashville is our best friend in the personal finance expert department, dave ramsey. good morning to you. >> good morning, guys. >> steve: i love this first thing on...
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let's go to steve. >>> big pattern change and the overnight lows are much warmer. the coolest i could find is 52s and 53s. i know there are some 57s on the peninsular and there are cloudy skies and every reporting station says cloudy. ukiah, this system is coming up from the southwest and it is more show than go except towards the north bay and we could see rain around the bay area but a half an inch further north. mendocino county is more in line for heavier rain and again it has been a long stretch of weather. half-moon bay, napa, this is a big redwood city and it is a big difference compared to where we were yesterday. we had some upper 20s and not today it's all 40s. cloud cover, not much in the way of rain and later is a better opportunity than today. this system is not going anywhere. it is going to hang around and give us a lot of cloud cover over the next two or three days. warmer lows and cooler afternoon highs, upper 50s and mid-50s to lower 60s and the spread between some of the inland areas on the coast is definitely narrowing here today. mostly cloudy.
let's go to steve. >>> big pattern change and the overnight lows are much warmer. the coolest i could find is 52s and 53s. i know there are some 57s on the peninsular and there are cloudy skies and every reporting station says cloudy. ukiah, this system is coming up from the southwest and it is more show than go except towards the north bay and we could see rain around the bay area but a half an inch further north. mendocino county is more in line for heavier rain and again it has been...
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let's go to steve. >> some light rain and it is more likely this afternoon. the north bay looks to be the most but there is a lot of cloud cover, cooler, low 50s and lower 60s. pam? >>> the vote came just hours after along heated debate. oakland's long awaited decision on a controversial plan to keep people safe. >>> also a red hot art project has people facing criminal charges in a story you will only see on 2. stay with us.
let's go to steve. >> some light rain and it is more likely this afternoon. the north bay looks to be the most but there is a lot of cloud cover, cooler, low 50s and lower 60s. pam? >>> the vote came just hours after along heated debate. oakland's long awaited decision on a controversial plan to keep people safe. >>> also a red hot art project has people facing criminal charges in a story you will only see on 2. stay with us.
SFGTV: San Francisco Government Television
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Jan 23, 2013
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. >> welcome steve. >> thank you. i think commissioner ortiz had the right idea. cell phones seem to be proliferating all over the place. why don't all new cell phones have the new area code? i get people's business codes that have 415 for their business and some other area code for their cell phone. it's quite common. and i think also what happens is a lot of people from san francisco take their 415 number. my two children live in san diego now, but their cell phones are still 415 down there. so i think it would be very easy for any business to add a cell phone with a different area code, and maintain that phone number that they have always had as 415. i think that is the right idea going forward. thank you. >> thank you. any other members of the public that would like to comment on item no. 7? seeing none, item no. 7 is closed. commissioners? >> well number portability is also legislated that you are allowed to take your number with you. i don't think we want to make any recommendations that discusses number portability. i don't think we have to suggest that. th
. >> welcome steve. >> thank you. i think commissioner ortiz had the right idea. cell phones seem to be proliferating all over the place. why don't all new cell phones have the new area code? i get people's business codes that have 415 for their business and some other area code for their cell phone. it's quite common. and i think also what happens is a lot of people from san francisco take their 415 number. my two children live in san diego now, but their cell phones are still 415...
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steve, a pleasure. welcome back. good to see you again. >> good morning, great to be here. >> of all the proposals, and in particular, one to combat climate change, regardless of whether we like the tax or not, would it work? would it help? tell us. >> well, the carbon tax has been proposed by some, a tax on carbon dioxide, a tax on hot air, proposed by some to be a way to close the budget deficit, and, second, to solve the problem of global warming, but it won't do either, and it's a tax on refineries, industry, and utilities and will slow the u.s. economy rate, the price of gasoline, goods, food, electricity, and so it will probably reduce federal revenues, not helping with the budget deficit. >> that's interesting because it's billed as we're doing something, showing the world we're tackling this carbon emissions problem. we are doing something. it's also billed as a big revenue raiser for the government. i think that's the motivation. now, in the long run, you could say it reduces government revenues because it's
steve, a pleasure. welcome back. good to see you again. >> good morning, great to be here. >> of all the proposals, and in particular, one to combat climate change, regardless of whether we like the tax or not, would it work? would it help? tell us. >> well, the carbon tax has been proposed by some, a tax on carbon dioxide, a tax on hot air, proposed by some to be a way to close the budget deficit, and, second, to solve the problem of global warming, but it won't do either,...
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and northbound 280 downtown san jose that looks good getting into the valley, let's go to steve. it will be cloudy to mostly cloudy, 40s and 5 oscar grant right now. i -- 50s right now. also half-moon bay 55 and i believe adam just tweeted me, is that right, i think so. 54 in napa and a goodbye to those 40s and cloud cover with occasionally some light rain and the air mass is still really dry. there could be some light rain in advance of it. and that low will give us a lot of cloud cover. warmer lows but cooler afternoon high temperatures, 50s to lower 60s and more of a southerly breeze more humidity as well and with your weekend always in view, maybe the northern system and i don't think there will be much rain but we mentioned it, pam. >>> and they are saying he inspired fans in many ways for fans who want to be inked up and there is now a product called capper net. they are sold for individual tattoos up to $20 for a set of three. >>> 4:51 is the time right now, music is blaring from the san francisco waterfront. the big entertainer which signed up and a group of palo alto stu
and northbound 280 downtown san jose that looks good getting into the valley, let's go to steve. it will be cloudy to mostly cloudy, 40s and 5 oscar grant right now. i -- 50s right now. also half-moon bay 55 and i believe adam just tweeted me, is that right, i think so. 54 in napa and a goodbye to those 40s and cloud cover with occasionally some light rain and the air mass is still really dry. there could be some light rain in advance of it. and that low will give us a lot of cloud cover....
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steve? >> just to go in a reverse order. one of the most interesting parts of this exchange was the comment she made at the end when asked about the tucsonian government de -- tunisian government to release him, without notifying the u.s. government in advance. asked by representative tom cot top are you distressed that the suspect was released? she answered no, i'm not distressed. i can tell you talking to intelligence officials and others involved in the investigation that there are plenty of people distressed he was released and we didn't have full warning but ansar al-sharia in tunisia did have warning. >> bret: she says that the f.b.i. director mueller told by tunisian he is under surveillance. >> monitored was the word she used. >> bret: but may or may not still be in tunis and seems unclear. >> we wouldn't pressure the tunisian government to allow us access to him because we were worried that the ricketting new tunisian government would collapse if we applied pressure but they are so sophisticated and capable they can
steve? >> just to go in a reverse order. one of the most interesting parts of this exchange was the comment she made at the end when asked about the tucsonian government de -- tunisian government to release him, without notifying the u.s. government in advance. asked by representative tom cot top are you distressed that the suspect was released? she answered no, i'm not distressed. i can tell you talking to intelligence officials and others involved in the investigation that there are...
SFGTV2: San Francisco Government Television
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. >> supplying steve with all of that versatile greenery is bay area legend armanino foods. in business since the 1920s when the family supplied fresh vegetables and herbs to the growing italian community in san francisco, they are now the leader in fresh-from-the-farm pesto, all thanks to a special recipe for success. >> recipe for pesto actually started with my grandmother, and we thought it was a great product, but no one knew about it. and so, we tried it @nd processed, brought it to the supermarket, and it started to work out. >> the armanino family says the first year, they sold only 1,000 or so cases. but now, they are shipping upwards of a million cases annually. and they attribute much of their success to their special connection to agriculture. >> a lot of people don't realize just about everything you eat today, you knop, originates on the farm. a lot of people don't even consider that or don't think about it. whether it's a cupcake or whether it's a hamburger, whether it's bread, everything starts on the farm. >> everything we eat does, indeed, start on the farm,
. >> supplying steve with all of that versatile greenery is bay area legend armanino foods. in business since the 1920s when the family supplied fresh vegetables and herbs to the growing italian community in san francisco, they are now the leader in fresh-from-the-farm pesto, all thanks to a special recipe for success. >> recipe for pesto actually started with my grandmother, and we thought it was a great product, but no one knew about it. and so, we tried it @nd processed, brought...
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indocumentado y christina londoÑo la iniciativa en loa viuda de steve jobs. la pÁgina de internet en decenas de jÓvenes aunque sus historias hablan de la pesadilla de haber nacido en tierras para ellos extraÑas. >> es excelente tÚ sabes que el joven quiere actuar, quiere decir mÁs. este joven por ejemplo habla del dolor de no haberse podido unirse al mejore scombit para dpe ofender al que considera su paÍs despuÉs de los ataques del 11 de e septiembre. >> el senador jonathan fuentes asegura en estados unidos Él planea unirse a la iniciativa. desea mÁs. la esposa del fallecido esposo, crea un problema para ayudar a los jÓvenes necesitados para graduar y habrÍa apoyado el interÉs de inl documen indocumentados un 20% de los inscritos en Él, es el momento preciso me dijo cardona porque en la toma de po secciones lseÓ de cara al sol. >> todas las palabras que dijo y en donde elevÓ el tema migratorio de "reforma migratoria" a un grado de prioridad el miedo se ha ido grandemente. >> dice jonathan motivado aÚn mÁs al saber que el famoso director y es
indocumentado y christina londoÑo la iniciativa en loa viuda de steve jobs. la pÁgina de internet en decenas de jÓvenes aunque sus historias hablan de la pesadilla de haber nacido en tierras para ellos extraÑas. >> es excelente tÚ sabes que el joven quiere actuar, quiere decir mÁs. este joven por ejemplo habla del dolor de no haberse podido unirse al mejore scombit para dpe ofender al que considera su paÍs despuÉs de los ataques del 11 de e septiembre. >> el senador jonathan...
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now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like stocks? >> very stimulative. europe will have to start printing money as well to deal with their issues so you don't want to fight that liquidity. >> earnings don't matter then? >> earnings do matter. i think probably revenue will matter a lot more than earnings by the end of 2013. earnings matter and fundamentals matter but the backdrop is we know what we think may not be relevant or what bernanke thinks is relative, he'll keep this a liquid environment for the foreseeable future. >> jim bianco, earnings matter. steve's liked to the earnings so far
now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like...
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thank you steve sedgwick. >>> as always, please let us know why you're awake. you can shoot us an e-mail at waytooearly@msnbc or tweet me. still ahead on "way too early," serena williams is stunned at the australian open. she loses to a 19-year-old american named sloan stephens. we'll show you why and how williams lost her cool. >>> and a little steven colbert as he offers his theory on why americans love the british aristocr aristocrats. and more on the frigid temperatures sweeping america when "way too early" comes back. >>> i have asked for this radio and television time tonight for the purpose of announcing that we today have concluded an agreement to end the war and bring piece with honor in vietnam and in southeast asia. my insurance rates are probably gonna double. but, dad, you've got... [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cro
thank you steve sedgwick. >>> as always, please let us know why you're awake. you can shoot us an e-mail at waytooearly@msnbc or tweet me. still ahead on "way too early," serena williams is stunned at the australian open. she loses to a 19-year-old american named sloan stephens. we'll show you why and how williams lost her cool. >>> and a little steven colbert as he offers his theory on why americans love the british aristocr aristocrats. and more on the frigid...
SFGTV2: San Francisco Government Television
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Jan 23, 2013
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. >> today, william randolph's cowboy dreams are being lived out by his gisat-grandson steve hearst. the now 80,000-acre hearst ranch is one of the largest and oldest working cattle ranches on the california coast. but when the new generation of hearsts took over, the question quickly became, how can the ranch keep thriving in the modern era? >> and it was my ranch manager cliff garrison who said, "gee, steve, it's a shame we couldn't do anything with our beef." and i said, "well, why couldn't we?" and so ultimately we started pursuing the grass-fed beef, and it fit right in with the whole conservation solution for the property. >> it's fun. it's a picnic every day. you know, we love it. it's a beautiful place and a great place to work. >> so from the shadow of their famous neighbor, the hearst ranch is stepping into the spotlight these days with their brand-few grass-fed beef operation. grazing on rolling hills with picturesque views, the hearst beef is billed as nothing being added but their history, and it's true. the cattle thrive on nutrient-rich native grasses that have been th
. >> today, william randolph's cowboy dreams are being lived out by his gisat-grandson steve hearst. the now 80,000-acre hearst ranch is one of the largest and oldest working cattle ranches on the california coast. but when the new generation of hearsts took over, the question quickly became, how can the ranch keep thriving in the modern era? >> and it was my ranch manager cliff garrison who said, "gee, steve, it's a shame we couldn't do anything with our beef." and i...
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he's steve's hand-picked successor before becoming ceo he ran the factory system. am has two things going for it. they are very important. first of all it makes cool products. that's obvious. the manufacturing know how is second to none. hundreds of millions of devices from revolutionary materials err day. that's what tim cook does best. we'll get all the information after the closing bell this afternoon and have a full wrap-up for you. >> certainly one to watch. thank you, scott. >> time now is 6:32. we'll get rain but christine know, some temperatures across the country, 40 below zero wind chill. >> yeah. let's put it into perspective. we are still waking up in california. close to 50. not bad out there. 5 the degrees. almost 20 degrees warmer this morning than 24 hours ago. we are getting a nice blanket of clouds. this afternoon we'll see soupy conditions. 8 degrees inland and showers move through. 4:00 p.m., 58 bay side. at the coast, 57 degrees. depends on where you live or work on what time the showers are expected. we'll time the system to your doorstep co
he's steve's hand-picked successor before becoming ceo he ran the factory system. am has two things going for it. they are very important. first of all it makes cool products. that's obvious. the manufacturing know how is second to none. hundreds of millions of devices from revolutionary materials err day. that's what tim cook does best. we'll get all the information after the closing bell this afternoon and have a full wrap-up for you. >> certainly one to watch. thank you, scott....
SFGTV: San Francisco Government Television
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. >> good morning, steve lee with sfmta. the two items before you one is a lease for the japan center garage with the japan center garage corporation. and a lease with the uptown parking corporation for the sutter stockton garage. both of the general terms for both leases are essentially the same. they are 10-year leases for $1 and they both have two 5-year options to extend. a provision of termination for cause with a 90-day notice. both leases are updated to incorporate new provisions and that include sfmta facilities and management regulations, corporation employee hiring guidelines, and a change in the capital set aside from a percentage net income to an annual fixed amount. the japan center garage totaled 920 spaces and generates $4.2 million annually and accommodates 500,000 transient vehicles. the sutter stockton garage is 1 865 spaces on 12 levels. this garage generated l12.8 million annually and accommodated 500,000 transient vehicles annually. the japan center garage corporation lease, the current lease was entered
. >> good morning, steve lee with sfmta. the two items before you one is a lease for the japan center garage with the japan center garage corporation. and a lease with the uptown parking corporation for the sutter stockton garage. both of the general terms for both leases are essentially the same. they are 10-year leases for $1 and they both have two 5-year options to extend. a provision of termination for cause with a 90-day notice. both leases are updated to incorporate new provisions...
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two youngsters, steve jobs and steve wozniak started out at atari before they created apple. >>> and we also have a brand new voice weighing in on a big story. singer sheryl crow talked to "entertainment tonight" about the confession from her former fiance, lance armstrong, that he had used performance-enhancing drugs. >> i think that honesty is always the best bet and that the truth will set you free. it's got to be really hard to walk around knowing you're not telling the truth about something. >> crow would not say whether she personally ever witnessed armstrong using illegal drugs. >>> and, a note about our friend barbara walters. today, she gave us an update on her recovery after that fall over the weekend. telling us she's still in the hospital, running a low grade fever, but she'll be home soon and wanted to thank everyone who has sent her such good wishes. add us to that list. we've got the red carpet ready. >>> and coming up here, we're going to show you something we saw behind the scenes of the obama family. we wanted to know, is it what your family would do? you'll tell us
two youngsters, steve jobs and steve wozniak started out at atari before they created apple. >>> and we also have a brand new voice weighing in on a big story. singer sheryl crow talked to "entertainment tonight" about the confession from her former fiance, lance armstrong, that he had used performance-enhancing drugs. >> i think that honesty is always the best bet and that the truth will set you free. it's got to be really hard to walk around knowing you're not telling...
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david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i think that could be a fair comparison. certainly each investor has to make their own opinion. i do think it is too early to seal the tim cook legacy based on one quarter miss and certainly a little bit over a year after his death. you know i think innovation can still come back with this company. 47, 48 million units of iphones sales may be a couple million lighter than consensus and not in that range but certainly not a disasterous number by any means. it is still a very popular product. sandra: you're certainly trying to find the silver lining in all of this. we go to shibani and she is looking thro
david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i...
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>> i think i am -- >> i mean steve. >> i think richard is absolutely right. we don't know ultimately how they'll respond, and there's an awful lot about khamenei we don't know, but i think the white house realizes that before it could ever go down the road of much tougher either sanctions or even the very last resort of military course, that this is the kind of outreach that has to happen, and with ahmadinejad's speeches, i agree with richard he's not significant, but the fact he's relaxing his speeches means khamenei had him do that. he is a puppet. >> i think you have to talk a little before you start bombing. thank you, rich engel. we'll get back to you at some time and talk about your captivity. we had our worry beads out. >> thank you. >> as we should have. >>> up next, yesterday was the president's big day, but didn't you get the idea that the vice president -- there he is -- you can't not laugh sometimes at joe biden -- was thinking about inauguration four years from now? he worked that inaugural crowd like it was a ward in iowa and this was a caucus m
>> i think i am -- >> i mean steve. >> i think richard is absolutely right. we don't know ultimately how they'll respond, and there's an awful lot about khamenei we don't know, but i think the white house realizes that before it could ever go down the road of much tougher either sanctions or even the very last resort of military course, that this is the kind of outreach that has to happen, and with ahmadinejad's speeches, i agree with richard he's not significant, but the fact...
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. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is at&t about cutting back on that subsidy. with other companies picking up more share, doesn't apple have less of a stand to say we want to keep that subsidy? >> well, the carriers have also been vocal apple has better usage trends. so when you get an iphone in your hands, although the carriers had to pay a larger upfront subsidy, they also get a higher stream of monthly service contract fees on a go-forward basis, and i think as long as apple can bring out innovative products and drive customer taste, the carriers will have to go al
. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is...
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steve brown, shivering in chicago. thank you, steve. heather: here in new york city also dealing with bone-chilling temperatures. meteorologist janice dean is braving the frigid cold. look at that. all right, janice that is a a smart way to dress in this weather. >> fashion goes out the window when it's this cold, heather you know that. this is why i'm dressed like this with my parka, me and my mark ka doing the weather. here in new york city 16, with the windchill it feels colder than that. a lot of new yorkers not dressed appropriately. i'm sure we'll show you pictures of that later on. let's take a look at the temperatures, where steve brown is in some cases we are dealing with windchills that feel like the single digits below freezing. are we going to get to my temperature map, or do you just want to look at me in the parka. minus 8 international falls. 16 in new york. there is your windchill what it feels like if you're not protect wed a parka outside. 2 in new york, zero in detroit. fine us 3 in international falls. this will cont
steve brown, shivering in chicago. thank you, steve. heather: here in new york city also dealing with bone-chilling temperatures. meteorologist janice dean is braving the frigid cold. look at that. all right, janice that is a a smart way to dress in this weather. >> fashion goes out the window when it's this cold, heather you know that. this is why i'm dressed like this with my parka, me and my mark ka doing the weather. here in new york city 16, with the windchill it feels colder than...
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. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i said that facetiously. if that's your idea of innovation, tuti fruity colors instead of black and white, i think it's over. >> if we close below 480, we could see 425 quickly and you said you think it's ultimately going lower. what are your guesses on that? >> oh, i don't know. probably somewhere in the 300 zone, ultimately, would be a sensible place. it would be cheap there, probably. we have to see how the world economy looks and everything else about the company. but that's the level where it's really cheap. >> and the huge cash stockpile? $137 billion, a lot of that value investors will say t
. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i...
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just ask the fictional newsman steve doocy. >> here's the thing-- the entire town loves the rich guy who lives in the abbey because he provides the jobs. he looks after everybody. he provides free medical care for everybody. without him-- and spoiler alert, it looked like two weeks ago, he was going to lose the joint-- without him the place would go belly up. >> stephen: yes, he looks after everybody. yes, everything depends on lord grantham. he pays for the medical clinic in town and two weeks ago, he almost lost everything because he invested poorly in the canadian railroad. and i believe that's how our society should function. one rich guy fails, nobody gets healthcare. [ laughter ] the point is his speech was a swing and a miss not just for what he did say but for what he did not say. >> it was a very bizarre, disordered priority of what our national interests were. where was the debt? where was the deficit? where was the unemployment? where was the issue poverty in america, which has increased under his watch? where's the hopelessness? >> stephen: yeah, where was the hopelessnes
just ask the fictional newsman steve doocy. >> here's the thing-- the entire town loves the rich guy who lives in the abbey because he provides the jobs. he looks after everybody. he provides free medical care for everybody. without him-- and spoiler alert, it looked like two weeks ago, he was going to lose the joint-- without him the place would go belly up. >> stephen: yes, he looks after everybody. yes, everything depends on lord grantham. he pays for the medical clinic in town...
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sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is doubtful but it's an important bill because we have gridlock and the reason for that is too many districts are concerned about the primary and the far right and far left and they don't have to work with the whole community or the center, because of the partisan redistricting which we have in most states are drawn up just to suit their people or make them overwhelmingly ohio. ohio went for the president. ohio went to sherrod brown but yet 12 of the 16 districts drawn up by the ohio legislature were republican. that's not right. it does not reflect the will of the people. it reflects the lines they've drawn. it makes it that those the r
sick and tired of the congressional gridlock steve cohen of memphis introduced a bill this week which would require states to use independent redistricting commissions in drawing those maps. here we in to talk about his bill and what he expects during president obama's second term, is congressman steve cohen. welcome to "the war room"." >> thank you good to be with you. >> michael: do you think they would or could pass this bill. >> whether they would is...
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in steve jobs case the former head of palm said jobs told him to stop hiring apple employees. if he didn't, apple would bring expensive patent lawsuitses against palm as punishment. remember, not long ago a palm which no longer exists was a serious competitor in the smart phone business. hired a number of big name apple execs as well. evidence will be heard by federal judge lucy koh, the same judge who sat on the bench during the sam sung trial. she ordered current apple tim cook to testify in the wage fixing case as she decides whether to grant class action status. after the closing bell, all kinds after anxiety. this after reports growth of the iphone is slowing. no matter what they say it will make an enormous amount of money. what investors are worried about is the speed of the growth. that could be slow. >> thank you very much. one to watch. >> keep an eye on apple. let's check in with christina loren talking about time to break out the umbrellas. >> when you walk out the front door you will smell it in the air. the rain is back in the forecast as of this afternoon. we'll
in steve jobs case the former head of palm said jobs told him to stop hiring apple employees. if he didn't, apple would bring expensive patent lawsuitses against palm as punishment. remember, not long ago a palm which no longer exists was a serious competitor in the smart phone business. hired a number of big name apple execs as well. evidence will be heard by federal judge lucy koh, the same judge who sat on the bench during the sam sung trial. she ordered current apple tim cook to testify in...
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sergio had not appeared, i think it's very likely chrysler would have been allowed to liquidate. >> steve rattner, who was head of the presidential task force on the auto industry, sat across from marchionne at the bargaining table during the height of the economic crisis. rattner believes that chrysler's demise could have cost 300,000 american jobs up and down the industrial supply chain. >> was he a tough negotiator? >> brutally tough, yeah. he--but that's part of why he's successful. >> in the end, marchionne and fiat got a 20% stake in the brand-new, slimmed down, debt-free chrysler plus a $6-billion high interest loan from the u.s. treasury, just for taking the auto company off the government's hands and running it. he used the $6 billion to modernize chrysler plants with state-of-the-art equipment to improve quality, upgraded 16 existing models in just 18 months, and began integrating chrysler and fiat's operations. obviously, you saw something in chrysler that you thought would fit well with fiat? >> yeah, from a product standpoint, they were the other half of the coin. when you pu
sergio had not appeared, i think it's very likely chrysler would have been allowed to liquidate. >> steve rattner, who was head of the presidential task force on the auto industry, sat across from marchionne at the bargaining table during the height of the economic crisis. rattner believes that chrysler's demise could have cost 300,000 american jobs up and down the industrial supply chain. >> was he a tough negotiator? >> brutally tough, yeah. he--but that's part of why he's...
SFGTV: San Francisco Government Television
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. >> good morning directors, steve with turner construction. another good period of work put in place these last -- this last month. let's see if question get we can get this going. 561,000 craft hours through the end of november/early december. a little more than 11,000 since we last spoke. the hours represent about 160-200 workers in the field on any given day across multiple shifts that we're running. and later in the report, there is a tally. that is over a thousand unique jobs during the transit center construction including utilities. so that is craft people, a thousand craft people having worked or touched this project as reported in the certified payroll system. the sc contractor made their milestone of 162 and actually completed 165 and is on track to finish on on-time. the excavation continues and the rains that we had a week or so ago slowed things down with a little mud at the bottom of the excavation, but it continues to move west to east and under fremont street is the next step. the access trestle was completed all the way to fre
. >> good morning directors, steve with turner construction. another good period of work put in place these last -- this last month. let's see if question get we can get this going. 561,000 craft hours through the end of november/early december. a little more than 11,000 since we last spoke. the hours represent about 160-200 workers in the field on any given day across multiple shifts that we're running. and later in the report, there is a tally. that is over a thousand unique jobs during...
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. >> steve. >> money coming out of apple has to go someplace else. amazon, like it. >> samsung and the whole supply chain. >> one more check on shares on apple, down by just about 10%. the last time this stock was down 10% during the may flash crash on earnings. it was p12008. having an impact on the qs. i'm melissa lee. see you tomorrow at 9:00 for "squawk on the street." "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game. going out of business and he's nuts! they're nuts! they know nothing! i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, trying to save you a little money. my job is not just to entertain but to educate and put things in perspective. call me at 1-800-743-cnbc. not everything in the market can be explained by cold hard facts. not everything is rational or even cut and dried or it can even be ascertained with close scrutin
. >> steve. >> money coming out of apple has to go someplace else. amazon, like it. >> samsung and the whole supply chain. >> one more check on shares on apple, down by just about 10%. the last time this stock was down 10% during the may flash crash on earnings. it was p12008. having an impact on the qs. i'm melissa lee. see you tomorrow at 9:00 for "squawk on the street." "mad money" with jim cramer starts right now. >>> i'm jim cramer. and...
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here you see steve in hayward and his brother, john, on the east coast. can you tell where they are? >> finally, this picture came to us with nothing more than a subject line. it reads, die hard fans. >> i think i have to get a tattoo. >> are you a 49er super fan? sure you are. prove it. how are you getting ready for the big game? send us your photos. e-mail us at news@kpix.com or upload your photos. we'll feature some of your pictures throughout this newscast and others. tonight at 11:00 on cbs 5 and on our facebook page as well. >> and we are sending a team of reporters. our coverage will include dennis o'donnell. they will be joined by michelle. >> the low for san francisco tonight, 49 minus one. down to 48 degrees. all these temperatures above freezing because we have cloud cover. we'll talk about the forecast coming up next. ,,,,,,,,,,,,,, >>> did you ever sport a mustache? >> no, but i grow a goatee whenever i'm on vacation. i have to have a heck of a vacation to match ken bastida, that's for sure. >> peek outdoors today, we are seeing that glean bl
here you see steve in hayward and his brother, john, on the east coast. can you tell where they are? >> finally, this picture came to us with nothing more than a subject line. it reads, die hard fans. >> i think i have to get a tattoo. >> are you a 49er super fan? sure you are. prove it. how are you getting ready for the big game? send us your photos. e-mail us at news@kpix.com or upload your photos. we'll feature some of your pictures throughout this newscast and others....
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steve, what was the most important thing you heard from the secretary? >> no denial of support and in delay in decision making. she just put it out there blunting and it's now going to be up to the members of that committee to say, they've either got evidence that she's lying or not or there's just nothing there that you can draw from her. she said, we didn't deny and we gave them what they needed. >> michael? >> chris, i think it's not the small tactical stuff, which has been gone over many times now. it's the bigger strategic issues. it's her statement that we can't conduct diplomacy from a bunker pb and it's also this broader strategic challenge in north africa that she's referring to, and we've seen that play out in algeria as well. >> thank you, gentleman. back to the chairman, bob menendez of new jersey. >> -- despite a higher price tag, because it was more secure than returning to the hotel where there had been a bomb and bomb threats, or moving closer to the annex, because it was closer to the road. can you give us your insights on the decision m
steve, what was the most important thing you heard from the secretary? >> no denial of support and in delay in decision making. she just put it out there blunting and it's now going to be up to the members of that committee to say, they've either got evidence that she's lying or not or there's just nothing there that you can draw from her. she said, we didn't deny and we gave them what they needed. >> michael? >> chris, i think it's not the small tactical stuff, which has been...
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this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is what the weather caused. a chicago warehouse gutted by flames now just looks like an ice castle. it was so cold when firefighters were dousing the abandoned warehouse with water and it turned into ice instantly. this happened last night in chicago. a five-alarm fire ripping through the building. temperatures dipping to a below freezing 10 degrees. so the wind chill even colder out there in chicago. it looks like they poured snow over it. >> i have never seen anything like that before. >> bizarre, crazy. >>> you were calling for rain and you called it. >> you look at scenes like that and we really don't have much to tell yo
this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is...
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. >>> the widow of steve jobs has started a web-based project in support of the dream act. the website is called the dream is now.org. it involves young imlegal immigrants to upload videos telling their stories. this would offer a pathway to citizenship for minors brought to the united states. >>> the investigation into the dream liner found that a battery in question was not overchunked. the lithium ion battery overheated last week. all dream liners have been grounded since then. the recent investigation was conict didded by the japanese. now the u.s. senate plans to investigate why the faa improved the batteries. >>> secretary of state hillary clinton defended the u.s. response to the deadly attack on a consupe lit in. ben -- consulate in benghazi, libya. >> i stood next to president obama as the marines carried those caskets off of the plane at andrews. i put my arms -- >> secretary clinton told members of the committee that the department is implementing 29 recommendations to improve security at high-threat locations. at one point, there was a heated exchange about why
. >>> the widow of steve jobs has started a web-based project in support of the dream act. the website is called the dream is now.org. it involves young imlegal immigrants to upload videos telling their stories. this would offer a pathway to citizenship for minors brought to the united states. >>> the investigation into the dream liner found that a battery in question was not overchunked. the lithium ion battery overheated last week. all dream liners have been grounded since...
SFGTV: San Francisco Government Television
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. >> i just wanted to reiterate some of the comments -- some public comment from amand steve about the need for better coordinatings of resources for people transitioning out of care facilities. also some since there were a couple of members from the long-term care coordinating council here to maybe suggest that someone from the regional center is there during talks about how things can be better streamlined or suggestions for our developmental disabled community. thanks. >> thank you. all right then i think it's time we take a 10-minute break. >> one more. >> i'm sorry, i didn't see you harriet. >> hi. thank you for coming out today. i just wanted to speak a little bit on changes coming to the golden gate regional center. for the parents that have respite care for their child, they are going to have the time sheets go to a different place and i guess it would be, like, sort of a bookkeeping system. and they will figure out the payroll taxes and everything. but then the parent of child becomes the employer and they do the hiring and firing process . i think that if a person is a little
. >> i just wanted to reiterate some of the comments -- some public comment from amand steve about the need for better coordinatings of resources for people transitioning out of care facilities. also some since there were a couple of members from the long-term care coordinating council here to maybe suggest that someone from the regional center is there during talks about how things can be better streamlined or suggestions for our developmental disabled community. thanks. >> thank...
SFGTV: San Francisco Government Television
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. >> >>> steve rich aye a manager for water and this item representseses a proposed amendment to the 2009 water supply agreement and back acheally for us to deal with as it was discussed in proposition -- that the wholesale customers as a voice or clear recourse in dealing with that situation and so we developed a mechanism so wholesale customers can be protected in the future consideration of the proposal and so it's simple providing for a future amendment and water supply agreement to make sure that we maintain the levels of is the service that we have committed to and cost allocations there. >> any comments? >>> commission moved fd. >> seconded by commissioner moran and now we are open to public comments and mr. rose crans. >> mr. mike martial? . >> good afternoon, welcome to the commission mr. martial. >> thank you happy new year and my name is mike martial i'm the executive director of rich -- and i wanted to begin by articulating what we do because it was loss in the roont campaign about this issue we are here today bealso believe that everyone involved and the water system the
. >> >>> steve rich aye a manager for water and this item representseses a proposed amendment to the 2009 water supply agreement and back acheally for us to deal with as it was discussed in proposition -- that the wholesale customers as a voice or clear recourse in dealing with that situation and so we developed a mechanism so wholesale customers can be protected in the future consideration of the proposal and so it's simple providing for a future amendment and water supply...
SFGTV: San Francisco Government Television
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next is it steve crabiel. >> i'm with tool works a human service agency that provides services to more than 500 adults with disabilities throughout the bay area. we provide vocation and community living services. we are a member of the community alliance of disability advocates known as cada. what is not working? housing is not working. we need more accessible affordable housing for the folks that we serve and frankly for our staff. we also need affordable/accessible housing for community-based organizations like tool works. so the price of staying in the city is getting too difficult. and we need to be able to, as an organization to be able to stay here, so we can maintain the social safety net for people with disabilities. what is working? supportive living services are really working for individuals who are eligible for regional center funding. so these are services that allow people to live independently in the communities of their choice, with supports. and and primarily for people with developmental disabilities. so that is great, but what is not working are the same services, th
next is it steve crabiel. >> i'm with tool works a human service agency that provides services to more than 500 adults with disabilities throughout the bay area. we provide vocation and community living services. we are a member of the community alliance of disability advocates known as cada. what is not working? housing is not working. we need more accessible affordable housing for the folks that we serve and frankly for our staff. we also need affordable/accessible housing for...
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let's go to steve. >>> good morning, in for steve this morning we have gray skies out the door and we'll watch the showers fall over the area. we're seeing mostly cloudy conditions. a few returns picked up over the sonoma county airport. so santa rosa perhaps picking up a little bit of light rain this morning but most of us remain dry with our best chance coming later today, giving you a look you can see the plume off the coastline. if i squeeze in closer, a little bit of drizzle falling over the peninsula, this mid- level moisture and not hitting the ground yet. getting out to walk the dog, you will notice not as well. we're a lot warmer with the overcast skies and the moisture continues in place. a cooler afternoon, though, widespread mid-50s to low low 60s in the forecast. here is a look at your extended forecast. showers on tap for today. dry by tomorrow. friday, cloudy and cool. but we remain dry into the weekend. second half of the weekend looks like we could be bet. we'll hold ontop -- dash we'll -- we'll hold onto temperatures. coming up i will give you the time line on this. >>>
let's go to steve. >>> good morning, in for steve this morning we have gray skies out the door and we'll watch the showers fall over the area. we're seeing mostly cloudy conditions. a few returns picked up over the sonoma county airport. so santa rosa perhaps picking up a little bit of light rain this morning but most of us remain dry with our best chance coming later today, giving you a look you can see the plume off the coastline. if i squeeze in closer, a little bit of drizzle...
SFGTV: San Francisco Government Television
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>> chairman chu, steve [hrao-erbgs/] i think a 30-day period would be sufficient for us to look at it internally, as well as consult with the mta board >> okay, let's see on the date. february 13th >> yes. >> so i will make a motion to continue the item until february 13th, which is about a month away. can we do that without object? we'll do that without objection. thank you. next item, please. >> item no. 3 resolution approving the 4th amendment to the contract with icf resources llc for renewable energy and climate change professional services to increase the amount of the contract by $12,400,000 for a total of $31,400,000 and to extend the term of the contract from july 1 2014 to december 31 2016. >> thank you very much. >> supervisor, guillermo rodriguez from the department. we're here seeking your approval to the 4th amendment to the contract with icf resources to increase the contract amount by $12.4 million for a total of $31.4 million and to extend the term of the contract from july 1,2014 through december 31, 2016. icf provides the department with process incentive payments a
>> chairman chu, steve [hrao-erbgs/] i think a 30-day period would be sufficient for us to look at it internally, as well as consult with the mta board >> okay, let's see on the date. february 13th >> yes. >> so i will make a motion to continue the item until february 13th, which is about a month away. can we do that without object? we'll do that without objection. thank you. next item, please. >> item no. 3 resolution approving the 4th amendment to the contract...
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report on max kaiser america is a frickin good lag that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which you use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg had done thirty years for illegally accessing harvard's computer databases to create the first facebook instead of hanging out with the president one of america began sending its best its brightest its innovators and troublemakers not to the moon or to the nasdaq or to the boardroom but to the good leg not to university or to the white house. but to the gulag when it starts doing that you know then that it is in fact a deadbeat nation a gulag nation and a shell of its former self states never yes max this is referring to aaron swartz the internet activist the man responsible for stopping sopa the young man twenty six he killed himself a little bit over a week ago now i've been thinking about the fact that tyranny has been in the news it's been on c.n.n. the youn
report on max kaiser america is a frickin good lag that's right america is becoming a good leg what are steve jobs the founder of apple had done fifty years in prison for his blue box shenanigans in which you use an authorized on authorized advice to make free phone calls instead of hanging out with the president or of mark zuckerberg had done thirty years for illegally accessing harvard's computer databases to create the first facebook instead of hanging out with the president one of america...
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steve. there are twelve cities in the united states in which half of the people with hiv aids lives within a year of a diagnosis of. over six to two percent of patients. with this is a problem that frankly is substantially preventable it was like the big elephant in the room and nobody wanted to talk about there were really good public health campaigns that people were really focused on this problem you know you certainly should be able to have. a lot less human suffering. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. do we speak your language i mean some of the well or not at the end. when news programs and documentaries in spanish more matters to you breaking news a little turn to angles kidneys stories. for you here. in troy the spanish find out more visit.
steve. there are twelve cities in the united states in which half of the people with hiv aids lives within a year of a diagnosis of. over six to two percent of patients. with this is a problem that frankly is substantially preventable it was like the big elephant in the room and nobody wanted to talk about there were really good public health campaigns that people were really focused on this problem you know you certainly should be able to have. a lot less human suffering. you know sometimes...
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157
Jan 23, 2013
01/13
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KGO
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she says her husband, steve, hid from terrorists in his office, then made a run for it. >> was there in hiding for about two snafl days, was within two, three feet of some terrorists at times, some of his friends didn't make it. there are a couple times when he said he truly did think he was going to die. >> frightening. officials say 38 hostages were either executed or killed in rescue attempts. >> abc news is getting a look at hay report showing many foods we i buy may not be what we're paying for. they're filled with cheap substitutes. >> it's what we expect as shoppers. >> i think anything put in there should be listed on ingredients label. >> but a new troll down the grocery aisle by a nonprofit usp, discovered rizing numbers of fake ingredients in products from olive oil to spices to fruit juice n a new data base to be released tomorrow and obtained by abc news this morning, usp warns consumers the fda and manufacturers that the amount of food fraud is up 60% over last year. among the most-popular target is pomegranate juice, which is often diluted with grape, or pear juice. >>
she says her husband, steve, hid from terrorists in his office, then made a run for it. >> was there in hiding for about two snafl days, was within two, three feet of some terrorists at times, some of his friends didn't make it. there are a couple times when he said he truly did think he was going to die. >> frightening. officials say 38 hostages were either executed or killed in rescue attempts. >> abc news is getting a look at hay report showing many foods we i buy may not...
967
967
Jan 23, 2013
01/13
by
KNTV
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by just about any measure, steve cohen is a financial superstar, amazing success at picking stocks has made him one of the richest, most powerful stars on wall street. now his reputation and his empire may be in jeopardy. a federal criminal investigation appears to have him in the crosshairs. whenever the stock market is open, you usually can find steve cohen here, at the center of the football field-sized trading floor in connecticut, home to his hedge fund. for almost two decades, he has wracked up 20% to 30% annual return for his investors, losing money only one year, leading one magazine to dub him the most brilliant hedge fund manager alive. >> he is viewed as one of the top, top traders that has ever, ever worked on wall street. >> reporter: and does he live large, worth about $9 billion, he owns this lavish estate with a 36,000-square hp foot house and holes for golf. his art collection is valued at almost $1 billion, with works by van gogh and andy warhol. >> the edge he has gotten is not just from his own insight but perhaps from other means that are not legal. >> reporter: so
by just about any measure, steve cohen is a financial superstar, amazing success at picking stocks has made him one of the richest, most powerful stars on wall street. now his reputation and his empire may be in jeopardy. a federal criminal investigation appears to have him in the crosshairs. whenever the stock market is open, you usually can find steve cohen here, at the center of the football field-sized trading floor in connecticut, home to his hedge fund. for almost two decades, he has...
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125
Jan 23, 2013
01/13
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FBC
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. >> to have their own version of steve jobs. an internet this tradition, they sell accessories associated with it, slick user interface, they have tons of followers on their social networking site, that is a company most americans haven't heard of because it is mostly sold in china. liz: everybody remember that. i have looked at all that is happening with investing in money. capital expenditures, you expanded and spend some money in sharp, when will we see it pay off there? >> the money we invested in sharp was for the investment in display technology we have been working on them with. some look at the financial state of some of those japanese display companies and say things must be bad. what we know is they have some great technologies so we are providing technology they have with technologies we have and we are hopeful that can come to the market relatively soon. we haven't made a product launch yet, but that will come relatively soon. liz: what is the number one question you would love to have answered? that would help you r
. >> to have their own version of steve jobs. an internet this tradition, they sell accessories associated with it, slick user interface, they have tons of followers on their social networking site, that is a company most americans haven't heard of because it is mostly sold in china. liz: everybody remember that. i have looked at all that is happening with investing in money. capital expenditures, you expanded and spend some money in sharp, when will we see it pay off there? >> the...